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GSE Opens Week With 37.58-Point Gain as Benchmark Index Climbs to 8,558.60 Points

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GSE Opens Week With 37.58-Point Gain as Benchmark Index Climbs to 8,558.60 Points

The Ghana Stock Exchange (GSE) began the week on a positive note, recording marginal gains across its major indices on the back of renewed investor interest in select equities.

At the close of trading on Monday, the GSE Composite Index (GSE-CI) advanced by 0.44% to 8,558.60 points, representing a 37.58-point gain. The Financial Stocks Index (GSE-FSI) also firmed, rising 1.55% to 4,417.12 points, supported largely by price appreciations in key banking counters.

Equity gains were led by Ecobank Ghana (EGH), which surged GH¢1.59 to end the session at GH¢20.61. CAL Bank, GOIL and Société Générale (SOGEGH) also posted gains, closing at GH¢0.37, GH¢2.76 and GH¢4.20 respectively.

However, market heavyweight MTN Ghana (MTNGH) trimmed GH¢0.10 to close at GH¢4.20, emerging as the sole decliner for the day.

MTNGH dominated market activity, topping the turnover chart with 355,683 shares traded, valued at GH¢1,492,012.55.

Overall, the session reflected stable investor sentiment, with modest advances across key counters contributing to the uptick in the market indices.

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